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Withum Smith+Brown Associate Interview Questions and Answers

Updated 9 Dec 2024

Withum Smith+Brown Associate Interview Experiences

1 interview found

Associate Interview Questions & Answers

user image Anonymous

posted on 9 Dec 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Nov 2024. There were 3 interview rounds.

Round 1 - Technical 

(6 Questions)

  • Q1. Walk me through a DCF
  • Q2. What is FCFF and FCFE?
  • Q3. Why do we use mid-period convention?
  • Q4. How is terminal value calculated?
  • Q5. Why do we use DLOM and DLOC? How do we determine them?
  • Q6. When do we use DCF? How do you select comparable companies when using Market Approach?
Round 2 - Technical 

(5 Questions)

  • Q1. What sort of valuation engagements have you worked on?
  • Q2. Why do we normalize and/or adjust EBITDA?
  • Q3. What is CCF? When do we use CCF over DCF?
  • Q4. Why do we use DLOM and DLOC? How do we determine them?
  • Q5. What are the factors you would consider while valuing small businesses?
Round 3 - HR 

(4 Questions)

  • Q1. Tell me about yourself?
  • Q2. Why Withum and where did you hear about the firm?
  • Q3. Why are you planning to switch?
  • Q4. What are your expectations with the role?

Interview questions from similar companies

I applied via Campus Placement and was interviewed in Nov 2021. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. How we do audit of revenue
  • Ans. 

    Auditing revenue involves examining financial records, verifying transactions, and ensuring compliance with accounting standards.

    • Reviewing sales invoices, receipts, and contracts to ensure accuracy and completeness

    • Comparing recorded revenue with supporting documentation to identify discrepancies

    • Testing the effectiveness of internal controls and procedures for revenue recognition

    • Analyzing revenue trends and patterns to ...

  • Answered by AI
  • Q2. What do you mean by KAM's
  • Ans. Give complete details of SA 701
  • Answered Anonymously

Interview Preparation Tips

Topics to prepare for WALKER CHANDIOK Consultant interview:
  • Auditing
  • Financial Reporting
Interview preparation tips for other job seekers - All the best and be confident. As your confidence level is tested when you are a fresher rather than extreme level of knowledge
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Do not use an unprofessional email address such as cool_boy@email.com. It shows a lack of professionalism by the candidate.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Why do you want to join WCC?
Round 3 - One-on-one 

(1 Question)

  • Q1. What do you know about IndAS 116?
  • Ans. 

    IndAS 116 is an accounting standard that governs the treatment of leases in financial statements.

    • IndAS 116 replaces the previous standard, IndAS 17, and requires lessees to recognize most leases on their balance sheets.

    • It distinguishes between finance leases and operating leases, with different accounting treatments for each.

    • Under IndAS 116, lessees must recognize a right-of-use asset and a lease liability for all leas...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Clarity. Accounting knowledge.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed before Sep 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. How do we test for completeness of asset
  • Ans. 

    Completeness of assets can be tested by reconciling physical assets with recorded assets, conducting inventory counts, and reviewing documentation.

    • Reconcile physical assets with recorded assets to ensure all assets are accounted for

    • Conduct regular inventory counts to verify the presence of all assets

    • Review documentation such as purchase orders, invoices, and receipts to confirm the acquisition of assets

    • Perform random s

  • Answered by AI
Round 3 - Behavioral 

(1 Question)

  • Q1. Personal questions
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Apr 2024. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Tell me about yourself Caro 20 amendment Schedule 3 amendment
  • Ans. 

    I am a dedicated and experienced consultant with a strong background in project management and problem-solving skills.

    • Briefly mention your professional background and experience

    • Highlight key skills and strengths relevant to consulting

    • Mention any specific achievements or projects that showcase your abilities

    • Discuss your passion for helping clients achieve their goals

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. Intro Few question
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Aug 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. General experience questions & basics of the field
  • Q2. Question related to field work
Round 2 - Assignment 

Question solving questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Just don't go for confidence, revise best of your learnings plus basic type questions practice

I applied via Naukri.com and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself.
  • Ans. 

    I am a highly motivated and experienced professional with a strong background in management and leadership.

    • Over 5 years of experience in management roles

    • Proven track record of successfully leading teams and achieving targets

    • Excellent communication and problem-solving skills

    • Strong organizational and time management abilities

    • Ability to adapt to changing environments and handle multiple tasks

    • Example: As an Assistant Manag...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please try to explain your background first than your working experience.
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Ind AS 115 Revenue recognition
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview before Feb 2024.

Round 1 - One-on-one 

(1 Question)

  • Q1. Taxation direct and indirect, accounts
Round 2 - Case Study 

Based on practicle case scenario

Round 3 - Case Study 

It was based on taxation accounts and real life experience.

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are continually clear, it will be easier to crack.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - Aptitude Test 

Don't remember. general simple aptitude.

Round 2 - Technical 

(3 Questions)

  • Q1. Questions from your resume.
  • Q2. Projects mentioned in resume.
  • Q3. Other than Technical there HR questions as well like what are your hobbies. Sing a song.

Withum Smith+Brown Interview FAQs

How many rounds are there in Withum Smith+Brown Associate interview?
Withum Smith+Brown interview process usually has 3 rounds. The most common rounds in the Withum Smith+Brown interview process are Technical and HR.
What are the top questions asked in Withum Smith+Brown Associate interview?

Some of the top questions asked at the Withum Smith+Brown Associate interview -

  1. What are the factors you would consider while valuing small business...read more
  2. Why do we use DLOM and DLOC? How do we determine th...read more
  3. When do we use DCF? How do you select comparable companies when using Market Ap...read more

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Withum Smith+Brown Associate Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
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